The Central Bank Digital Currency (CBDC) Anti-Surveillance State Act is an attempt to block a U.S. CBDC and prevents Federal Reserve banks from offering certain products to consumers and from using a central bank digital currency for monetary policy, the report added. The House passed the bill banning the Federal Reserve from issuing a CBDC last month, however, its prospects in the Senate are unclear.
Related posts
-
2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
Losses attributed to crypto crimes involving the use of... -
Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Rally
In a recent technical analysis by popular crypto analyst Big Mike (@Michael_EWpro), the likelihood of a... -
MiCA’s Looming Deadline: Crypto Exchanges Shake-Up Stablecoins
The European Union’s Markets in Crypto-Assets Regulation (MiCA) will come into effect on 30 June, which...